A German group, Fritz Nol, is said to be interested in acquiring the ill-fated electric car company for a mere $25 million.
Editor’s Pick “Fisker spent a stunning $900,000 for each vehicle it produced,” PrivCo chief executive Sam Hamadeh told me. “Then they sold them to dealers for an invoice price of just $70,000.”
Apparently, it’s not easy starting a brand new car manufacturing company.
We survey the top venture capital investments into tech companies of the year. To make this elite list, you needed to raise at least $89 million in 2012.
Guest Post Facebook changed the way that you keep in touch with your former high school friends, but how significantly did it impact your day-to-day life? While Silicon Valley gets all of the attention, Orange County is churning out radical innovations ranging from life-saving medical inventions to sustainable technology. It’s a thriving technological landscape that just might make a real impact on your life – if it hasn’t already. And yet, if Orange County technologies were a category on Jeopardy!, how well would you do?
Venture capital investments declined in both dollars and deal volume this quarter, according to the latest TheMoneyTree report.
Government-backed electric car company Fisker Automotive is delaying plans for production after missing its early manufacturing goals. According to a report by the Washington Post, the delays are being blamed on regulatory issues, and the company is brushing off any comparisons to Solyndra, another clean-energy company that received half a million in government loans, which filed for bankruptcy in September.
Editor's Pick Some crazy concept cars have emerged since the electric car frenzy hit the market in 2008. Where are they now?
“Range anxiety” for pure battery-powered electric car owners wears off quickly as a driver begins to understand the capabilities and charging patterns of their car, according to a new study by the Technology Strategy Board.
Electric car manufacturer Fisker Automotive is in the process of raising a $200 million funding round that would value the company at $2.2 billion, according to a report by Fortune.
General Motors today unveiled its first luxury extended-range electric vehicle, the Cadillac ELR Coupe. It’s the company’s second extended-range electric car and the third extended-range car unveiled in the past 30 days.
Two partners are leaving storied cleantech investment firm Khosla Ventures, as excitement has started to peter out in the once-buzzing clean technology space.
Here’s our roundup of the week’s top tech business news. First, the most popular stories VentureBeat published in the last seven days:
Car manufacturer BMW today unveiled its next wave of electric cars — the i8 sporty hybrid-electric coupe and a smaller i3 electric mini, both of which use a range-extending hybrid electric model.
Hybrid electric car manufacturer Fisker Automotive delivered its first production model electric car for consumers, the Fisker Karma, to Kleiner Perkins Caufield & Byers partner Ray Lane (pictured right) on Tuesday.
Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.